Knowing everything about your business, and subsequently managing all people involved, unfortunately, always rests on our shoulders.

I think the market is great for low price point and subsequent cash flow.

You want to be the person that is still sending letters when they are ready to finally sell.I have found that probates are no different than any other strategy in that you wll get 85% of you DEALS after the 4th and subsequent mailings.

So Peerstreet ended up foreclosing, and ultimately netted about $3 million on the subsequent property disposition. 

I got the property from one of my clients in my Banking capacity.he Loaned money on it a d subsequently got the property.

From what I can tell, you were able to obtain default judgment, as the tenant did not timely respond to the court notice, and subsequently you obtained final judgment for possession (signed by a judge and entered into official record by the clerk.)As far as I would think, the legal matter was closed/adjudicated at that time - any lawyer potentially about to take the case to represent the tenant/defendant should have seen it that way in the system.

@Jeffrey Zhou What you are describing is that DBI receives an anonymous complaint and sends an inspector who subsequently issues you a Notice of Violation (NOV) requiring you to abate work done without the benefit of permits.So in that situation, if the work to legalize your unit is significant enough to create a habitability issue you may need to perform a just cause eviction (temporary only) that allows you to displace the renter in order to perform the capital improvement work. 

The tenant will not be liable for subsequent rental payments.

Revisions to the most recent jobs data shows us that they were off by almost 1,000,000 new jobs being created which tells me the job market isn't as strong as we are led to believe which means were closer to a recession, lower inflation and subsequent rate cuts from the FED.

It may have been voided by subsequent repairs, but wouldn't hurt to find that out.